Notable Put Options Activity in Texas Industries

Shares of Texas Industries (NYSE: TXI) are lower on the session by 4.45%, currently trading at $30.10. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average.

Options traders are focusing on puts today. A short while ago the December 2011 $25.00 put traded 2,000 times on open interest of 0 contracts.

Put volume is outpacing call volume by 28 to 1.

Texas Industries, Inc., is a supplier of heavy construction materials in the southwestern United States. The company operates in three segments: cement, aggregates and consumer products.